
End-November 2023 GIR Level rises to US$ 101.3-B
The countryβs gross international reserves (GIR) level, based on preliminary data, rose to US$101.3 billion as of end-November 2023
The countryβs gross international reserves (GIR) level, based on preliminary data, rose to US$101.3 billion as of end-November 2023
Development Bank of the Philippines (DBP) full-year net income surged by 50 percent in 2022 reaching P5.61-billion compared to the P3.74-billion that it earned in 2021, fueled largely by expanding its lending activities as a result of the full reopening of the local economy, a top official said.Β
President Ferdinand R. Marcos Jr. on Monday urged key government agencies to intensify efforts to uplift the peopleβs economic condition, saying that their hard work would go to “wasteβ if it is not felt by ordinary Filipinos. (Philippine News Agency)
The House of Representatives approved on second reading on February 9 proposed House Bill 6715, βAn Act Providing for
During theΒ Dagyaw 2022: Bayanihan sa New Normal na Lipunan hybrid forum, National Economic and Development Authority (NEDA) Supervising Economic Development Specialist Jesito Ponio Jr. said the economy of Central Luzon kicked off with a complete turnaround from the health emergency and recession after the government bolstered efforts to close vaccination deployment gaps, and provide policy support to accelerate socio-economic recovery.